Top News
Slate Grocery REIT Evaluates Sale of Company
Slate Grocery REIT, which owns 115 retail properties, most of which are anchored by grocery stores, has formed a committee to evaluate strategic alternatives. The Toronto REIT is affiliated with and managed by Slate Asset Management, a Toronto investment manager...
AI Companies Account for 22.7% of Office Leasing in 1Q 2026
Artificial intelligence companies accounted for 11.5 million square feet, or 22.7%, of all office leasing in the country's major technology markets during the first quarter, according to CBRE.
DFW Land Holdings Buys 120,923-SF Office Building in Dallas
Dallas Business Journal DFW Land Holdings has bought 8020 Park Lane, a 120,923‑square‑foot office building in Dallas. The locally based company purchased the property from Northwood Investors LLC in a deal brokered by Newmark, which also arranged acquisition financing. Terms...
Md. Retail Center Sells for $55.5Mln
The 236,603-square-foot Frederick Shopping Center in Frederick, Md., roughly 50 miles from both Washington, D.C., and Baltimore, has been sold for $55.5 million, or nearly $235/sf. The property was constructed in 1957 at 1305 West Seventh St., next to the...
Brixmor Buys Vintage Marketplace Shopping Center in Houston
Houston Business Journal Brixmor Property Group has acquired the 72,184‑square‑foot Vintage Marketplace shopping center in Houston. Rocky Point Park Corp. had owned the retail property at 10133 Louetta Road since 2017, according to Harris Central Appraisal District records. JLL Capital...
Oxford, Related Land $1.4Bln to Refi 10 Hudson Yards in Manhattan
Bloomberg A venture of Oxford Properties Group and Related Cos. has lined up $1.4 billion in financing against 10 Hudson Yards, a 1.81 million‑square‑foot office building in Manhattan. A group of lenders led by Wells Fargo Bank and Goldman...
San Diego-Area Retail Property Sells for $91.3Mln
The 122,167-square-foot Beacon retail property in the San Diego suburb of Carlsbad, Calif., has changed hands for $91.3 million, or $747.34/sf. Asana Partners of Charlotte, N.C., sold the 44-year-old property to 11North Partners. The New York investment operation was...
Sixth Street Venture Pays $176Mln for Park Hyatt Beaver Creek Resort in Colo.
Commercial Real Estate Direct Staff Report A venture led by Sixth Street Partners has paid $176 million, or $911,017/room, for the 193-room Park Hyatt Beaver Creek Resort & Spa in Colorado's Beaver Creek Village. The San Francisco investment manager...
Out-of-State Company Purchases Atlanta-Area Apartments for $15.6Mln
Atlanta Business Chronicle UAC Investments II LLC has paid $15.6 million, or $100,000/unit, for Avondale Reserve Apartment Homes, a 156‑unit complex in Avondale Estates, Ga., about nine miles east of Atlanta. The Charlotte, N.C., company purchased the property from...
SpaceX Affiliate Buys Memphis, Tenn., Data Center for $185Mln
Memphis Business Journal An affiliate of SpaceX has paid $185 million, or $235.67/sf, for a 785,000‑square‑foot data center at 3231 Paul R. Lowry Road in Memphis, Tenn. Phoenix Investors of Milwaukee sold the property, which it purchased for $35...
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